Insurance Risk Engineer Jobs in Chicago, IL (NOW HIRING)

Description

Sargent & Lundy is a global leader in power and energy consulting, recognized for its innovation, integrity, commitment to quality, and inclusive culture. We provide clients and partners across the United States and internationally with trusted, comprehensive expertise. Sargent & Lundy offers challenging work, workplace flexibility, competitive compensation, and a comprehensive benefits package.

We are currently seeking an Insurance Manager!

Essential duties and responsibilities for the Insurance Manager include, but are not limited to:

• Manage and administer Sargent & Lundy's business insurance program on a day-to-day basis.
• Work closely with the Vice President of Commercial, General Counsel, and insurance broker to maintain and continue to develop the company's insurance program.
• Oversee underwriting data collection and prepare global insurance renewals and applications for the U.S., Canada, and other jurisdictions.
• Review, comment and assist with negotiations on insurance requirements in client contracts, supplier contracts, and other commercial agreements.
• Assist in evaluating insurance-related risks and exposures and provide practical recommendations.
• Develop strategies and creative solutions for a variety of insurance and risk-related situations.
• Coordinate with internal stakeholders, brokers, carriers, and other external partners regarding insurance matters.
• Support administration and ongoing management of key corporate insurance coverages, including professional liability, general liability, and other business insurance lines as applicable.
• Maintain organized records and documentation related to insurance policies, renewals, requirements, and related matters.
• Evaluate creative insurance program structures, including various towers, alternative risk financing strategies, including captives, and project specific policy placements.

This position allows for a hybrid work schedule with the expectation of 3 days in our downtown Chicago, IL office and 2 days working remotely from home.

Qualifications

Essential skills and experience:

• Bachelor's degree required
• Minimum of 10 years of experience in the business insurance industry
• Experience in underwriting, insurance brokerage, or in-house insurance/risk management
• Strong knowledge of business insurance programs, including professional liability, general liability, and related commercial coverages
• Experience reviewing and commenting on contractual insurance requirements
• Experience managing renewals and supporting ongoing insurance program administration
• Strong written, verbal, and interpersonal communication skills
• Ability to work effectively with executive leadership, legal counsel, brokers, and internal business stakeholders
• Ability to provide strategic, practical, and creative solutions
• Strong organizational skills and attention to detail

Valued but not required skills and experience:

• Experience in the engineering industry
• Experience in the construction industry
• Experience with captive insurance programs
• Professional designations such as CPCU, CRIS, ARM, RPLU, AINS

We do not sponsor employees for work authorization in the U.S. for this position.

Award-Winning Benefits

At Sargent & Lundy, we care about the health and well-being of our employees. Our commitment extends beyond the workplace, offering comprehensive healthcare plans and generous paid time off to support our team members in every aspect of their lives. We understand the importance of work-life balance, which is why we are proud to provide competitive, award-winning benefits. Our dedication to employee satisfaction has earned us the prestigious Top Workplaces Culture Excellence Award for compensation and benefits in 2022, 2023, and 2024.

Health & WellnessFinancial BenefitsWork-Life Balance

• Health Plans: Medical, Dental, Vision
• Life & Accident Insurance
• Disability Coverage
• Employee Assistance Program (EAP)
• Back-Up Daycare
• FSA & HSA

• 401(k)
• Pre-Tax Commuter Account
• Merit Scholarship Program
• Employee Discount Program
• Corporate Charitable Giving Program
• Tuition Assistance
• First Professional Licensure Bonus
• Employee Referral Bonus

• Paid Annual Personal/Sick Time (PST)
• Paid Vacation
• Paid Holidays
• Paid Parental Leave
• Paid Bereavement Leave
• Flexible Work Arrangements

Compensation Range$136,090.00 - $136,090.00Transparency StatementSargent & Lundy discloses compensation ranges that comply with all local and state regulations. The total compensation package for eligible positions will include a base salary or an hourly rate and a comprehensive benefits package, reflecting our commitment to rewarding performance and supporting the overall well-being of our employees. Individuals may also be eligible to participate in our yearly discretionary bonus.Equal Opportunity

Sargent & Lundy is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability status, protected veteran status, or any protected status as defined by applicable law.

Employment Type: FULL_TIME